1019 S Monroe St, Spokane, WA 99204
- $575,000
- 5,022
- SqFt
- List Price
- $575,000
- MLS#
- 202622248
- Property Sub-Type
- Residential Income
- Current MLS Listing Sale Status
- Active
- Financing Terms
- Conventional, Cash
- City
- Spokane
- Acres
- 0.18
Property Description
Exceptional value-add investment opportunity in a prime South Hill location! This 6-unit apartment building features five 1-bedroom/1-bath units and one studio, ideally situated directly across from Huckleberry's Natural Market and just minutes from Downtown Spokane, Sacred Heart, Deaconess, and other major employers. The property offers five covered off-street parking spaces, coin-operated laundry, and a history of stable, long-term tenants who are all current on rent. While the building has been well maintained, many units remain dated, providing an excellent opportunity to renovate and capture significant rental upside as units turn over. Strong location, dependable tenancy, and below-market rents make this an attractive investment with immediate income and long-term appreciation potential.
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Additional Information
- Year Built
- 1940
- MLS Area/Grid
- SW Urban S I-90
- MLS Area/Grid Number
- A220/040
- Parcel Number
- 35193.3607
- Property Taxes
- $5,328
- School District
- Spokane Dist 81
- Elementary School
- Roosevelt
- Middle School
- Sacajawea
- High School
- Lewis & Clark
- Features
- Breakers
- Home Amenities
- Laundry
- Home Total Sq Ft
- 5,022
- Garage Spaces
- 5
- Basement
- Full, Finished
- Heating/Cooling
- Natural Gas, Hot Water
- Roof Style
- Tile
- Frontage
- City Street, Paved Road
- Acres MOL
- 0.18
- Lot Size
- 8,063
- Lot Information
- Cross Fncd, Level, City Bus (w/in 6 blks)
- Property Sub-Type
- Residential Income
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Listing courtesy of SARMLS / The Hornberger Group, LLC
Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.